Mr. Ryan Hamlin reports

POSABIT TO PARTICIPATE IN FOURTH QUARTER AND FY 2021 Q&A CALL WITH STANSBERRY RESEARCH ON TUESDAY, MAY 3, 2022 AT 4:30 PM (ET)

Technical issues on Posabit Systems Corp.'s earnings call for the fourth quarter and full year ended Dec. 31, 2021, had restricted the ability to ask questions.

As a result, the company will host a conference call and live webcast on Tuesday, May 3, 2022, at 4:30 p.m. Eastern Time with Stansberry Research. Posabit looks forward to addressing investor questions and would like to thank investors for their continued interest and support of Posabit.

The company invites investors to submit questions they would like addressed on the call to investors@posabit.com.

Conference call information

Date:  May 3, 2022

Time:  4:30 p.m. Eastern Time

Toll-free number:  888-506-0062

International number:  973-528-0011

Entry code:  226688

Conference call replay information

The replay will be available approximately one hour after the completion of the live event.

Toll-free number:  877-481-4010

International number:  919-882-2331

Replay passcode:  45462

About Posabit Systems Corp.

Posabit is a financial technology company that delivers unique and innovative payment processing and point-of-sale systems for cash-only businesses. Posabit specializes in resolving pain points for complex, high-risk, emerging industries such as cannabis with an all-in-one solution that is compliant and user friendly and utilizes top-of-the-line hardware. Posabit's unique solution provides a safe and transparent environment for merchants while creating a better overall experience for the consumer.